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Maybe now is really the time to break up the company and give the money back to the shareholders?

Holy Spiccoli. More than Google? You mean to tell me that the discounted future cash flows from sales of Macs, Mac OS X, iPhone, iPod, AppleTV, Pro Apps, iWork, and FileMaker is worth more than that of ad placement?

Huh.

Aug 13, 08 - 12:03 pm Comment from: G4Dualie

This is not good news...

the good news comes when Apple surpasses M$.

Des this mean that M$$$$$ is going to want to buy Apple NOW?

Hell M$$$$ couldn't afford Steve Jobs, let alone Apple! Besides the customers would run for the hills just as the Yahoo customers will once M$$$$$ gets it hands on Yahoo!

It would be better if Apple were worth more than A Google. That's a lot of zeros.

@Idiot: As a shareholder, if I would have my money back, I'd just sell my shares.

Just Big Blue and the Copier Kings . . .

Ahh the legacy of the 80's and early 90's still haunts Apple . . .

But we all know that Ballmer has a plan to get that market valuation up, don't we . . .

Aug 13, 08 - 12:19 pm Comment from: BC Kelly

And in related News ...


A group of leading World Economist recently announced:

A $1,000,000,000 today is really worth only about a $1,000

And less if it's in the Stock Market







BC

kfdodge...that's googol (google couldn't do a google search when they named the company, so they got the spelling wrong).

nah, they count market value like they do gigabytes.

Aug 13, 08 - 12:33 pm Comment from: Predrag

If you look at the list of top twenty companies in the world by market cap, Apple is now No. 18. In addition to AT&T, MS and IBM, it is in the company of big oil (Exxon-Mobile, Total, Royal Dutch Shell...), then there's Wal-Mart, GE, Procter-Gamble, Johnson & Johnson... Some impressive crowd.

Especially since Apple only has about 20,000 employees!

The billion-dollar question is, how soon until Apple eclipses Exxon-Mobile (the No. 1), currently at about $400 billion?

Aug 13, 08 - 12:36 pm Comment from: jtc

@therepguy

Actually more than one company could buy steve jobs as he's worth about 5 billion.

@BlackMac
It is possible that the stock price changed by the time you read this article and saw the current numbers.

Just 100 billion more dollars and adios M$. Though If things go how they are.... It wont take 100 billion to become larger than M$. The more Apple gets.. the more M$ loses. I love it!

jtc: Actually more than one company could buy steve jobs as he's worth about 5 billion.

I don't think so. No company can buy Jobs if he is not selling. And that 5 billion dollar you mentioned is just the financial assets, not his most important asset. That one is in his head. Kinda hard to put a value on that one.

@jtc

If you are looking at Steve's personal financial statement, yeah, it is somewhere in the $5-$7 billion range.

But Steve's value as a corporate asset cannot be calculated. Consider this: Since his return to Apple, the corporation's market value has increased by almost $150 BILLION.

Ironically, Steve does not work for the money. He loves the products (including those from Pixar) and the impact they have. And, it is widely believed, it is about payback for the 80s.

As a stockholder, and a Mac user since 1984, I rooting for Steve.

"the good news comes when Apple surpasses M$." - @ G4Dualie

False, the good news comes when Apple earns more $ than M$. Profits is the key here.
The good news comes when Apple have an as strong worlwide presence as in the US.

If Apple manage to have a 15% US, and 10% worlwide market share for the Mac,
Then a market cap of $250 billions and even 300 will be well justified and tangible.

Forget Apple TV... they'll have to have double digit worldwide market share for the iPhone.
Then this firm could be a worlwide powerhouse company, perhaps among the Top 10.

iPod? Not enough to get there + Apple is too US centric with 187 Apple stores out of their 219.
So until Apple doesn't increase massively its presence globally, their market cap means nothing.

Why RNWK has such hive valuation? They have only one revenue stream...

Five of the top six innovate and the top dog copies

Yahoo for 28B huh?

*snicker..

@ralph

"Ironically, Steve does not work for the money. He loves the products"

You find that ironic?

Are you new?

"iPod? Not enough to get there + Apple is too US centric with 187 Apple stores out of their 219."

You do realize that's because... that's where the money and press is geographically located right? k.

Aug 13, 08 - 01:01 pm Comment from: ron

Playing cricket I was good at bowling 'googlies'. Anyone know what googlies are? The answer will come from a Limey or from Oz.

Wrong Ron. The answer to everything comes from Wikipedia via Google:

http://en.wikipedia.org/wiki/Googly

"that's where the money and press is geographically located right?" - mike

Oh yeah? What about Dubai? What about Paris (France)? No stores there.
Even in China, stores came late when you have 1.3 billions people out there.

You get 1% of the chinese buying any Apple products and that's mean 10.3 millions people.
What about Russia? My friend, let's hope Apple is just getting ready to attack the rest of the world.

Aug 13, 08 - 01:24 pm Comment from: shen

"Napster (NAPS) - $75,203,000"

WTF? how?

man if ever you needed proof the stock market is a scam.....

I used to bowl googlies too ... in the good old days ... sigh!

Today Google, next year, M$!

Anyone looking at these numbers? Trillions??

Aug 13, 08 - 02:28 pm Comment from: anaknipedro

Let me know when they pass up Wal-mart and ExxonMobile.

Aug 13, 08 - 03:36 pm Comment from: theloniousMac

Wouldn't the real questions be how many shares are out there to generate the market cap, and how much of the company is owned by the company itself?

Aug 13, 08 - 04:12 pm Comment from: MCCFR

ron…

Three words: Shane Keith Warne.

As a Brit, I wish this guy would retire as I find his appearance on a Test pitch highly worrying.

As an armchair cricket fan, I find the way he can make a ball dance around fascinating.

Aug 13, 08 - 04:53 pm Comment from: TheConfuzed1

Dmitri:
Why RNWK has such hive valuation? They have only one revenue stream...

Aug 13, 08 - 04:53 pm Comment from: The Other Steve

@Sum Jung Gai

Yes, until today.

Aug 13, 08 - 04:54 pm Comment from: TheConfuzed1

Whoops... I left out my reply!

I meant to add, "To bad it's still buffering!"

Aug 13, 08 - 05:07 pm Comment from: G4Dualie

"the good news comes when Apple surpasses M$." - @ G4Dualie

False, the good news comes when Apple earns more $ than M$.

Explain how what I said is false. And try not to leave anything out, k?

Aug 13, 08 - 05:31 pm Comment from: rasterbator

Me thinks Google stock price is quite inflated.

Google is hollow. They've made a lot of money screwing up the web, turning the internet into one big commercial. Now when you search for info, you get someone trying to sell you what you're looking for. Overall, it's not a benefit.

What search engine doesn't do that?

One of those is my middle name, so don't wear it out.

Aug 13, 08 - 07:26 pm Comment from: British Mac Head

I just think it's sweet that Apple is almost worth the combined market caps of HP and Dell. Especially when virtually every Windows zealot who harps on about the importance of market share always takes great joy in reminding us that Apple's market share comes in third place to these two.

LOL

Aug 13, 08 - 10:41 pm Comment from: Anonymous©

Isn't a googly, a screwball?

makes me really miss fake steve....

Revenge is best served cold.... hehe

Aug 14, 08 - 08:34 am Comment from: Connor MacBook

Now Google has to work out how to make Google Apps pay. At least Apple is charging for MobileMe from the start.

So if Apple shares are worth $157,012,662,240 does that mean Apple would sell them for $232,194,231,123 just because their customers love to pay more just because it's "Apple"?

Its amazing that apple is worth anything close to that working with macs and mac servers you quickly realize that it is all over priced emachines. For everything they hammer Microsoft with they are just as bad at. One client of mine a school system has completly over paid and are still paying for macbooks that have had a 40% failure rate in the first year. I have not seen that with any other vendor ever!!

Aug 14, 08 - 04:39 pm Comment from: GizmoDan

MDN: Show AT&T;in the list.

So why do we Apple employees still have to pay for lunch in the company cafeteria? Why are we on average underpaid with a very frenetic work pace and extremely poor life-work balance? Why does Apple consistently fail to get on the 50 or even 100 best places to work lists? Why do Apple employees live in fear of losing their jobs much more than at most companies?

It amazes me. Yeah their hardware is pretty. Yeah a lot "just works". But then a lot doesn't. The mobileMe was largely a total failure. I still can't dependably see my calendars on the webapp. The email app was down more than up for over a week. The push technology largely isn't there at all, especially not to the desktop. I can't dependably sync my data across all my machines and iPhone. iCal and Mail crash or lock up more often than I am happy with. AdressBook is more than a little dated. iCal can't handled recurring tasks.

So how come some of this wealth isn't going into a lot better software design, process and :QA? I know from friends working there that their are very serious lacks in these areas. How come?

Aug 15, 08 - 02:26 am Comment from: G4Dualie

@junklin

iCal can't handled recurring tasks.

wanna bet? loser.

Im amazed that such a crap company that makes products that dont work in the real world gets so much money.

Then again, apple must live by this train of thought "an idiot with 5 dollars is just as good as an intelligent person with 5 dollars."

Must be joke.

hotel